Earlier this week, the European Commission put forward the European Technology Sovereignty Package. The new package hopes to address concerns raised in the previous Draghi Report, namely that the EU remains structurally reliant on non-EU providers for over 80% of its digital products, infrastructure, and IP.
The fundamental objectives of the package have been stated to be:
- to transform the EU economy by driving the adoption of new technologies and AI;
- to reinforce resilience of EU supply chains; and
- to promote the European way for technology sovereignty.
What are the components of the Technology Sovereignty Package
The package includes two new legislative proposals, the Chips Act 2.0 which will build upon the previous Chips Act which entered into force in September 2023, and the Cloud and AI Development Act (“CADA”). As well as this, the Commission published a new Open Source Strategy, and a Strategic Roadmap for Digitalisation and AI in Energy.
